IIM Calcutta has been at the forefront of executive education for the last three decades and has been widely acclaimed for the various innovative and customized programs it has introduced over the years based on its front line teaching, research and consulting.Executive Programme in International Business is one such specialized management programme to keep pace with today’s requirement where globalization, internet and hyper competition has dramatically re-shaped the markets and has changed the way business is being done. Today, one has to keep pace with the customer’s requirement and has to bring in services and products as per global standards. The Programme has been specially designed to help students acquire knowledge and skill to help work in International companies and environment. This executive long distance programme is designed to expose participants to the latest management concepts and practices. The programme covers aspects related to International Business Environment, Challenges in International Marketing & Sales, International Operations, International Logistics and Supply Chain etc.

Alignment with LDP Mission and Goals:

The course is fully aligned with the LDP mission and goals on all the counts mentioned in the LDP documents.

Pedagogy:

The pedagogy will be highly interactive. It will leverage use of technology and consist of a judicious blend of lectures, real life case studies, quizzes and assignments.

Course Structure:

Classroom Component

This component forms the core of EPIB.

Campus Component

The in-campus component is held either at the beginning, during or end of the 1 year Program. This is a crucial component covering 4 days/5 nights.

The Program will help the participant to understand

The challenges in today’s International Business Scenarios and identify them

Classes will be conducted on Wednesday: 6:45pm to 9:45pm & Saturday: 3:30pm to 6:30pm

EPIB is of 1 year duration.

Evaluation Methodology:

An examination will be held for every course. To complete the Program successfully participants will need to pass in all subjects (including projects) and acquire a minimum of “average” grade (out of four grades, namely, “Excellent”, “Good”, “Average” and “Poor”). Candidates successfully completing the Program will get a completion certificate and grade sheet from IIMC.

Certification:

IIM Calcutta shall carry out the examination and evaluation required for certification. IIM Calcutta will directly award a certificate to participants who complete the program successfully. Giving feedback is an integral part of the completion requirements of the Program.

Who Should Attend

Junior & Middle level executives looking forward to making a career in International Business.

Eligibility

Applicants should be working professionals/self-employed with minimum 2 years of work experience

Graduates (10+2+3) / Post Graduates in any discipline with min. 50% marks [aggregate- considering results of all years (e.g. 3 or 4 together)] recognized by UGC/AICTE.

Desired Proficiencies in the Candidate (in addition to the Eligibility Criteria) –

Proficiency in English since it would be the medium of instruction.

Basic numerical ability and mathematical skills .

Ability to reason logically .

General awareness – including knowledge of Industry .

Program Fees

For Indian Students

Application Fee

INR 2,000/-

Program Fee

INR 1,85,000/- + Service Tax

Registration Fee

INR 4,625/- + Service Tax

Campus Fee

INR 30,000/- + Service Tax

Total Fee

INR 2,19,625/-

IIMC invests a lot to maintain high quality of program delivery. The student fee includes all the course material which is books, simulations and cases, certification and alumni membership for IIMC.

Program fees are payable online or through Demand Draft drawn in favour of “Hughes Global Education India Ltd.”

Campus fee is mandatory and will be payable by student directly to “Indian Institute of Management Calcutta”.

Note: Students will have to undertake a capstone project during the course. The project should be undertaken under a faculty guide and a report must be submitted to IIM Calcutta through the faculty guide at the end of the course.

Learning ExperienceThe Program is aimed at helping the participant to understand:

The challenges in today’s International Business Scenarios and identify them

Annexure – 2: Possible Career OptionsAfter completing a professional certification in International Business, one can be absorbed in export houses or with merchandisers. The responsibilities assigned to a professional may be documentation related to export / import and liasoning with the tax & custom authorities. Their work also involves liasoning between exporters and port authority. CHA (Custom House Agents) are required by the exporters to facilitate the custom clearance. Similarly, export managers and executives are much in demand for insurance companies particularly marine insurance corporations where they are required to assess the loss or physical damage to the goods shipped in a country. They are assigned the responsibilities of assessors, surveyors and certifiers. This is a very technical and specified job which not only requires professional competence but also demands knowledge of latest standards and legislations in international business to cope up with the situation.

In marketing field there lies enormous scope for the management graduates with IB specialization. For boosting overseas sales, searching new business hubs and potential markets abroad, marketing professionals are desired by the export houses. Global exposure is an added advantage for these professionals. In addition to the above, international marketing executives suggest strategies based on marketing research and predict demand and potential buyers abroad. They are also engaged in Customer Relationship Management (CRM).

Consultancy is one of the most sought after and remunerative career for international business professionals. An international business consultant is responsible for providing relevant and up – to – date information about various aspects of business development and market information for international companies. The international business consultant conveys information about foreign business investments, opportunities, competitive companies and even information about business practices and legal implications of owning a business in another country. International business consultants work for companies that are already in international markets or with companies that are planning international expansions or investments.

Risk analysis and business analysis based on research is also a part of responsibility to international business consultant. If one can develop and exposed to the international trade legislation, negotiation and research in international trade, he will surely find suitable positions in WTO, UNCTAD, IMF, World Bank, Regional Trade Blocks and trade associations.

Experts in commodity trade are also required for the posts catering to the needs of the exporters and importers. The persons with interest in legal affairs of international trade disputes ranging from patents, specific product and service categories related to geographical locations, multilateral and bilateral trade agreements, customs, tariffs and non-tariff issues are much in demand to solve the legal disputes among countries. A certification in international business with law qualification is sufficient to grab the opportunity in this sector.

International finance has also emerged as a major sector attracting experts in managing the finance related affairs of multinational corporations and Despite the increasing demand of experts in international business management, there is a dearth of faculty in international business in management institutions offering and planning to offer these courses.

Media reporting and journalism related to import export and commodity specific reporting can also be a good opportunity to the young people having a flare for international business news in print and electronic media.

People having analytical skills and background in international finance are placed at different positions in finance related departments of banks and financial institutions.

Today, banks have their own separate wings of foreign exchange transactions, export finance, risk management and consultancy in international financial management where every task related to foreign exchange dealings and export import finance is performed e.g. letter of credit etc. EXIM bank, public & private and foreign banks also appoint specialized people in international finance, foreign exchange, risk management and currency derivatives.

Entrepreneurship is also one of the lucrative career options for the persons who desire to have their own export house for facilitating international trade practices. The professional having some experience in export – import documentation can establish their offices in dry ports, SEZ and export processing zones (EPZs) and provide services to the clients (in this case exporters and importers) related to every aspect of procedural requirement of export and import.

International accounting is also an area where the experts in accounting operations may be posted in multinational corporations and firms engaged in international business operations. The accounting professionals are required for compliance of international accounting norms and standards.

Most of the companies offer handsome salary packages along with other lucrative facilities.